DeGRAM | NZDUSD range breaking

NZDUSD is currently in the range after moving out of the ascending channel .

The price rebounded from the strong resistance at 0.6400.

NZDUSD and EURUSD have similar price action, and the market is printing an equal-measured move.

I expect a bearish move if the range zone breaks out.


-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.